Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Market Conditions in Kapolei : Real Estate Advice

  • All40
  • Local Info3
  • Home Buying14
  • Home Selling1
  • Market Conditions2

Activity 3
Mike Gallagh…, Real Estate Pro in Honolulu,, HI
Tue Apr 10, 2012
Mike Gallagher answered:
Aloha:
My name is Mike Gallagher and I own my Brokerage here on Oahu.
Overall, in my opinion, Mililani Mauka is the better are to purchase into over Kapolei and Ocean Point. It cost more to get into Mililani Mauka but it is worth it in the long run in terms of appreciation. The hard part is finding somethign to buy. There is little or no inventory in Mililani Mauka right now and this is usually the case.

There is too much inventory in both Kapolei and Ocean Poin right now.
I have made you a set of graphs to look at and I have posted them onto my website:wwwhawaiirealestatestatistics.com under "Trulia Answers." It is a P.D.F. so you can open with the Free Acrobat Reader if unless you already have Adobe software.

There you will what you are looking for in order to make your comparisons in performance.
I recommend you also read my Market Reports including the new Oahu Report on my website as well.

Finally, I do not have a "Crystal Ball" to anwer your question about what is going to happen over the next few years but best guess is:

1) Interest Rates are going rise.
2) We will hit the bottom of the market sometime in the next few years
3) The rate of decline in home values is still slightly going down but at much less steeper rate than in the past few years. We are now 'flatline' in Sold Prices. For the most part they are going up or down.

If you have anymore questions you can contact me at mikeg@hawaii.rr.com or 808-384-9015.
I wish you much Aloha,
Mike Gallagher, Mike Gallagher Real Estate, Inc.
... more
0 votes 3 answers Share Flag
Mike Gallagh…, Real Estate Pro in Honolulu,, HI
Thu Sep 2, 2010
Mike Gallagher answered:
Aloha Quinn:

My name is Mike Gallagher and I the Broker in Charge at Abe Lee Realty.

I would visit my website at www.hawaiirealestatestatistics.com for the latest sales information for Oahu.

There you will find the latest statistics for the Kapolei Area.

As for Koolina, the only way I would suggest investing there is if you are going to move into it as owner / occupant and hold it for the long term.

Rents are declining and there are many Distressed Properties currently in this area.

For more specific questions please contact me via phone at 808-384-9015 or mikeg@hawaii.rr.com

I wish you much Aloha,

Mike Gallagher, Broker in Charge, Abe Lee Realty

Ethics Complaints Review Committee Member, Honolulu Board of Realtors
... more
0 votes 1 answer Share Flag
Mike Gallagh…, Real Estate Pro in Honolulu,, HI
Wed Nov 26, 2008
Mike Gallagher answered:
Aloha:

My name is Mike Gallagher and you can visit my website and view my Monthly Reports for both Kapolei and Makakilo at www.hawaiirealestatestatistics.com

Much Aloha,
Mike Gallagher
Broker in Charge
RE/MAX Honolulu
Mikeg@hawaii.rr.com
www.hawaiirealestatestatistics.com
... more
0 votes 4 answers Share Flag
Search Advice
Search
Market Conditions in Kapolei Zip Codes

Followers

78